The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. On Thursday, March 9, the Bi...
Tag: Crypto
Nigerian President-elect’s Manifesto Includes Blockchain and Crypto Regulations
Nigeria is one of the countries where cryptocurrency adoption is on the rise. In recent years, the country has seen a surge in crypto trading and the use of cryptocurrencies for cross-border payments,...
Degen Zoo NFT Game Draws Huge Interest After Logan Paul’s Crypto Zoo Scandal
The recent surge of interest in Degen Zoo highlights the growing popularity of nonfungible token (NFT) games, which have become a significant trend in the blockchain industry. NFTs are unique digital ...
US senators write to banking regulators about potential crypto discrimination
Four United States Republican senators lead by Bill Hagerty have written a letter to the heads of federal banking regulatory agencies questioning the ideological motivation behind recent regulatory mo...
Messari Crypto Founder Tweets ‘Buy BTC’ Amid Bearish Sentiment
Ryan Selkis tweeted that investors should “Buy Bitcoin.” Peter Schiff tweets that several bankruptcies will come during this crypto winter. BTC’s price has dropped 8.27% over the last 24 hours. The fo...
Enter The Exciting World of Crypto With CryptoUnity: The Ultimate Beginner’s Guide To Crypto Trading
Cryptocurrencies have rapidly grown to become a mainstream investment option, offering new opportunities for investors and traders alike. However, for beginners who are just starting out, navigating t...
U.S. Federal Reserve Creating ‘Specialized Team of Experts’ on Crypto, According to Vice Chair
The top regulatory official of the Federal Reserve says that while crypto assets can potentially transform the financial system, the technology still requires appropriate guardrails. In his speech at ...
Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30% – Bitcoin News
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget in...
JPMorgan Report Predicts Crypto Will Move to Signature Bank
JPMorgan Chase said that the crypto industry would struggle to replace the services offered by collapsed banking partner Silvergate Capital Corp. In a new report, a research team at the Wall Street ti...
Thailand’s SEC looks to clamp down on crypto lending and staking services |
Thailand’s Securities and Exchange Commission (SEC) has opened a public hearing on a draft regulation that would prohibit digital asset business operators from providing or supporting deposit-taking a...
The Crypto Market Is Bouncing Back With Bitcoin (BTC) and…
The crypto market is looking bullish once again, with several projects on the rise. After a turbulent month, Bitcoin (BTC) is up to $22k, Avalanche (AVAX) is up $7 from the start of the year and Orbeo...
Crypto Market Stabilizes as U.S Unemployment Rate Surges to 3.6%
11 seconds ago | 2 mins read Bitcoin News The 3.6% unemployment rate just published is at its lowest level since May 1969. The news triggered a small surge in Bitcoin’s (BTC) price, taking it above $2...
Crypto Market’s Outlook for Next Week: Is a Severe Crash Waiting for Traders?
The crypto market has witnessed a severe plunge this week, and traders are now wondering if the market has reached its bottom or if another crash is on the horizon. As several macro events continue to...
Women and Crypto: A Match Made in Heaven for the Future!
As we mark International Women’s Day, it’s essential to recognize the growing roles that women are playing in the cryptocurrency space. A recent survey reveals that more and more female-identifying in...
Current Crypto Crash Does Not Seem To Be a Coincidence
New York State’s Attorney General Letitia James classified Ethereum (ETH) as a security. The fall of Silicon Valley Bank has implications for the whole cryptocurrency sector. Bitcoin (BTC) fell roughl...
Thailand’s SEC looks to clamp down on crypto lending and staking services
Thailand’s Securities and Exchange Commission (SEC) has opened a public hearing on a draft regulation that would prohibit digital asset business operators from providing or supporting deposit-taking a...
Crypto lawyer rallies Ethereum investors in class action lawsuit against NYAG’s ‘securities’ label
Ad Lawyer John Deaton is beginning a class action lawsuit to fight allegations Ethereum is a security. The Managing Partner of the Deaton Law Firm posted a link to a Google Docs form for concerned inv...
Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Jobs Report
“Silicon Valley Bank (SIVB), another crypto-friendly bank, comes under pressure. The bank is generally regarded as one of the default fallback options for industry participants impacted by the c...
CryptoLawyers.org To Investigate Major Crypto Exchanges, Here’s Why
The collapse of many crypto firms in 2022 increased regulatory attention on the industry. Some recent enforcement actions by regulators affected vital activities such as stablecoin issuing and staking...
CFTC Chair Declares ETH A Commodity, Crypto Daily TV 10/3/2023
In Todays Headline TV CryptoDaily News: Vitalik Buterin dumps altcoins that have “no moral value.” Vitalik Buterin, a co-founder of the Ethereum blockchain, liquidated a portion of his alt...
Crypto Market Cap Drops Below $1 Trillion as Bitcoin, Altcoins Deep in Red: This Week’s Recap
The past seven days turned into a bloodbath across the entire cryptocurrency market, which dropped below $1 trillion in terms of total capitalization. This happens for the first time since January 14t...
Crypto Market News: Buckle Up for More Volatility Ahead, Whales Activity on the Rise!
The crypto market awoke to a stream of high-impact news that resulted in a flash sell-off. Over 130k crypto traders have been liquidated, with total liquidations at approximately $393 during the early...
Crypto projects raise $50M in funding in the last 24 hours
In a surprising turn of events, several crypto projects have managed to raise a whopping $50 million in funding in the last 24 hours. This comes despite the ongoing bear market in the crypto industry....
Coinbase CEO hails reintroduction of crypto tax reform law
Coinbase CEO Brian Armstrong has lauded U.S. lawmakers’ decision to revive a bill seeking to clarify crypto tax reporting. Bill to streamline crypto asset reporting requirements The Keep Innovation in...
Biden Budget Proposes Taxing Crypto Miners
The proposed budget of the Biden administration has a clause that would impose taxes on the electricity usage of cryptocurrency miners. Tax To Discourage Crypto Mining U.S. President Joseph Biden’s p...
Christopher Waller Really Doesn’t Care for Crypto
Christopher Waller is the Federal Reserve board governor. In a recent interview, he made it clear he’s not a fan of the digital currency space, nor does he think crypto assets have any real value to t...
FED Supports Innovation with Guardrails for Bank’s Crypto Activity
The U.S Federal Reserve Vice Chairman Michael S. Barr cites findings on crypto assets. “Benefits of innovation can only be realized if appropriate guardrails are in place,” says Barr. Regulatory and s...
Standard Chartered to offer Bitcoin and crypto custody in EU through subsidiary
Zodia Custody Ltd., a Bitcoin and cryptocurrency custodian that Standard Chartered owns, has successfully obtained registration as a virtual asset service provider in Luxembourg, therefore extending i...
Vajram Exchange Chairman Confident Over Crypto Adoption in India
38 mins ago | 2 mins read Exchange News Vajraram Coin (VRC) is the native token of the Vajram exchange. The next stop of the Expo can be witnessed in Singapore. Vajram Exchange, a crypto exchange orig...
Bitcoin tumbles to 8-week low as bank failures, regulatory pressures weigh on crypto
Bitcoin (BTC-USD) fell more than 9% Friday morning to $19,700, a eight-week low. The largest cryptocurrency lost more than $52 billion in market capitalization value since Tuesday. Ahead of the releas...
Focus crypto on Dash, Gala and Terra Luna
Dash, Gala, and Terra LUNA, a look at the most interesting cryptos subject to big collapses. Price analysis of Dash, Gala, and Terra LUNA cryptos. In this article we take a look together at how both D...
Joe Biden’s government proposes 30% crypto mining tax
President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden’s Fiscal Year 2024 budget included a proposal to implement wash s...